UBS Reconfirms Its Buy Rating on Sky (LON:SKY) Shares Today

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Sky (LON:SKY) Rating Reaffirmed

This Morning, UBS reiterated their Buy rating on Sky (LON:SKY) shares in an analyst research report sent to clients and investors.

From a total of 14 analysts covering Sky Plc (LON:SKY) stock, 8 rate it a ”Buy”, 3 a “Sell”, and 3 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is GBX 1500 while the lowest target price is GBX 1. The mean of all analyst targets is GBX 1157.25 with a 3.98% above today’s (GBX 1113) stock price. Sky Plc was the topic of 51 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 3 with “Sell” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 1175 target share price in a report from an October 28. UBS maintained SKY stock in a recent report from November 25 with “Buy” rating. RBC Capital Markets maintained the rating on October 22. RBC Capital Markets has a “Underperform” rating and a GBX 1000 price target on shares. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on a November 19.

Approximately 1.12M shares of stock traded hands. SKY PLC (LON:SKY) has risen 4.12% since May 7, 2015 and is uptrending. It has outperformed by 6.91% the S&P500.

UBS Reconfirms Its Buy Rating on Sky (LON:SKY) Shares Today

Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The company has a market cap of 18.93 billion GBP. The Firm serves approximately 21 million clients across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. It has 14.24 P/E ratio. The Firm owns and operates Britain and Ireland’s portfolio of pay television channels across entertainment, sports, movies and 24-hour news.

According to Zacks Investment Research, “Skyline Corporation designs, produces and distributes manufactured housing and recreational vehicles.” Get a free copy of the Zacks research report on SKY PLC (SKY).

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